QUALCOMM
Qualcomm is a Delaware-incorporated American multinational firm with its main office in San Diego, California. It produces software, chips, and services for wireless technology. It is the owner of patents that are essential to the mobile communications protocols for 5G, 4G, CDMA2000, TD-SCDMA, and WCDMA.
Irwin M. Jacobs founded Qualcomm along with six other co-founders in 1985. It raised money for its early CDMA wireless cell phone development by selling the Omnitracs two-way mobile digital satellite communications system. The 2G standard, which integrated Qualcomm's CDMA patents, was accepted following a contentious discussion in the wireless industry. Following that, there were several court battles over the cost of licensing patents called for by the standard.
The market capitalization of QUALCOMM was $138.03 billion as of March 2023. By market capitalization, QUALCOMM is now the 83rd most valuable corporation in the world. The most recent financial reports from QUALCOMM show that the company's current revenue (TTM) is $42.95 Billion. The corporation generated $36.03 billion in revenue in 2021, an increase from $26.69 billion in revenue in 2020.
Founded: July 1985
Headquarters: San Diego, California, U.S.
Website: qualcomm.com